Maat: Egypt faces a promising opportunity to regain the leadership of cotton after the decline in global production

12:51 PM

Tuesday 23 November 2021

Books – Muhammad Nassar:

The Policy Analysis Unit at the Maat Foundation issued a policy paper entitled: “Cotton cultivation in Egypt.. the way towards the return of the strategic crop and the promotion of a sustainable economy” within a series of publications on the green economy and sustainable development.

The policy paper mainly aims to address many economic and social challenges at the level of public policies by analyzing existing policies and opportunities for implementing alternative solutions within a set of proposals and recommendations in the field of public policies.

This paper sheds light on the importance of restoring interest in cotton cultivation in Egypt, as one of the strategic crops that has achieved great economic returns and global fame for Egypt since the era of Muhammad Ali Pasha, when the cultivation of cotton grown at that time reached 2 million feddans, and now strong opportunities appear to restore this crop from New in light of the decline in production globally and the increase in prices.

Ayman Aqil, Chairman of the Maat Foundation, explained that the climatic repercussions and their economic impacts on all countries of the world push each country to search for opportunities to preserve its resources and enhance its economic strength in a sustainable manner to ensure the achievement of sustainable development goals, including job creation and poverty eradication. Cotton is one of the most important of these tools because of the huge job opportunities it provides and the provision of raw materials for the textile industries.

For his part, Ahmed Salah, a researcher at the Maat Foundation, said that many international studies emphasized the importance of Egyptian cotton globally, as Egypt is one of four countries in the world that produces long-staple cotton, which represents a strong motivation for the development of this cultivation by improving long-staple cotton strains. Cultivation of new varieties of it enhances local production and creates new competitive advantages for cotton abroad, while continuing to provide incentives to farmers to expand cotton cultivation in the coming years, and to facilitate its marketing to Egyptian textile factories so that it is not exported as a raw product.

Reference-www.masrawy.com

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